CryptoNews

Ripple's Victory Is Near as SEC Backs Down—Former SEC Official Declares the Fight Over

February 19, 2025
The SEC’s crypto enforcement is collapsing, with a former official predicting the agency will soon drop its Ripple appeal and halt all crypto-related cases. SEC’s Crypto War Collapses—Former Official Predicts Ripple Case Will Be Dropped John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s (SEC) Office of Internet Enforcement, declared on social media platform X on…
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CryptoNews

Russia Declares SWIFT 'Dying' as Crypto Reshapes Finance

February 18, 2025
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives? Russia Calls SWIFT Obsolete—Is Crypto the Key to the New Financial Order? Russia claims that it has the technical ability to reconnect to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) if necessary, but…
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Feds Say AI Crypto Firm Was a Scam, Owner Faces Trial

February 17, 2025
A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered…
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South Korea to Allow Institutional Crypto Trading in H2 2025

February 17, 2025
Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset trading accounts starting in the second half of the year, the country’s Financial Services Commission (FSC) announced…
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Hollywood Hijinks: Crypto Promoter Arrested After Daring Stunt

February 17, 2025
A man was arrested after climbing the Hollywood sign and waving a flag promoting the Vigilante token cryptocurrency. Vigilante Token Launched in ‘Most Viral’ Way On Feb. 15, the Los Angeles Police Department confirmed that officers detained a man seen atop the Hollywood…
CryptoNews

NC's Crypto Investment Bill Advances, Bringing Digital Assets Closer to Public Portfolios

February 13, 2025
North Carolina is set to modernize its investment strategy with a bill allowing the State Treasurer to allocate funds to digital asset products, signaling a shift toward blockchain-based finance. North Carolina Considers Crypto Investments for State Funds in New Bill North Carolina Speaker of the House Destin Hall and Representatives Stephen Ross, Mark Brody, and Mike Schietzelt introduced House…
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